European markets set for a subdued start as investors pause for reflection
European Market Outlook: European markets are expected to open mixed, with the U.K.'s FTSE slightly down, while Germany's DAX and France's CAC 40 show minor gains, following a positive trading session the previous day.
U.S. Federal Reserve Expectations: Global markets are buoyed by rising expectations of a potential interest rate cut by the U.S. Federal Reserve in December, with traders pricing in an 84.9% chance of a quarter percentage point reduction.
Puma Acquisition Interest: Reports indicate that German athletic brand Puma is attracting potential buyers, including Chinese multinational Anta Sports, although Puma has not commented on the matter.
U.S. Market Activity: U.S. stocks experienced gains ahead of the Thanksgiving holiday, marking four consecutive days of increases, while trading will be paused on Thursday and resume with a shortened session on Friday.
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